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Rabbit Hole Recap #178: We got a strike

TFTC: A Bitcoin Podcast

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Bitcoin

A key value of bitcoin is it's not a proof of stake network. If you have more bitcoin, that doesn't give you more control or power over the network. We want as many people as possible to hold their own keys and be sovereign big coiners. This was a cool story this week from a journalist at c m b c talking about the chinese underground mining scene. There are some renegade miners that have stayed behind and are risking it for the biscuit. And i believe in the article, the e miner who was using aaa alias, estimated that he believes there's probably around 20 % of network ash rate within china's borders.

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